Peugeot Invest has successfully divested its remaining 2.5% stake in SPIE for approximately €193 million, after supporting the company's significant growth since 2017.

Target Information

Peugeot Invest has successfully divested its remaining stake in SPIE, amounting to 4,250,000 shares, which represents approximately 2.5% of SPIE's capital as of December 31, 2024. This placement was executed through the construction of an order book involving institutional investors at a price of €45.40 per share, yielding a total divestment proceeds of about €193 million. Following this transaction, Peugeot Invest no longer holds any shares in SPIE.

Peugeot Invest became a shareholder in SPIE in 2017 and has played a significant role in the company’s impressive growth trajectory. Over the years, SPIE's operational income has doubled, bolstered by a structurally favorable market environment driven by energy transition and increased digitalization of infrastructure. This growth can be attributed to SPIE's ambitious external growth strategy, characterized by targeted acquisitions that create value while maintaining disciplined integration and execution.

Industry Overview

In the specific context of France, where SPIE operates, the infrastructure sector has experienced vibrant growth, significantly influenced by the nation's commitment to energy transition and sustainability initiatives. The market has responded positiv